FSA consults on proposed changes to Listing Rules
The Financial Services Authority (FSA) recently published Consultation Paper 12/2 (CP) on 26 January 2012 setting out proposals for a range of changes to the Listing Rules (LRs), the Prospectus Rules (PRs) and Disclosure and Transparency Rules (DTRs). The changes are being proposed to reflect developments in market practice.
The FSA’s proposed changes will affect issuers of UK-listed securities and firms advising on the issuance of UK-listed securities. The proposals from the CP that are likely to have the greatest impact are summarised below…
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